Unite devastated at 400 bank job cuts

Unite devastated at 400 bank job cuts

18 January 2017

Unite the union is bitterly disappointed by the announcement from the Clydesdale and Yorkshire Bank (CYB) to close 79 branches which will result in over 400 job losses.

The decision by the bank to close one third of its branch network will be deeply devastating to the employees of the Clydesdale and Yorkshire Bank. This is the largest ever closure plan embarked upon by CYB and will radically change the face of the bank.

Rob MacGregor, Unite national officer: “Staff across the Clydesdale and Yorkshire Bank will be devastated to learn that 79 branches will close and consequently over 400 colleagues will lose their jobs.

“Unite is clear that the closure of a third of the bank’s branches will not only be concerning for staff but the local communities which will see their bank branch close. This cost cutting plan leaves customers with less choice for local banking.

“The union has called on the bank to give a commitment to mitigate compulsory redundancies where possible and that they will reconsider closing any bank branches that are the last bank in a town.

“Unite workplace representatives will be able to assist members over the coming days and weeks to support staff impacted by this announcement.”